ShepWave Pre-Market / Intra Day Update for Wednesday Published. 25% Discount Code: HOLIDAYS2019
by ShepWave.com
Posted: 11/27/2019 01:27 EST
Be careful of getting ahead of the signals. Shorter term signals as given on 60 minute time frame charts still do not issue the same type of signals as the daily and weekly time frame charts. We should be continually comparing the analysis on these different time frames--regardless of how active of a trader we may be.
Recent GAP/ISLAND Patterns! These will come into play soon enough!
What would it take to see the major U.S. equity indexes break-through the coming resistance to give a sizable upward spike--much like we saw after November 2016? Pay close attention!
As of Tuesday, November 26, 2019 we see the major U.S. equity indexes up near all time highs and have seen a few new all time highs recently:
Nasdaq 100 Index Hits a NEW ALL TIME HIGH of 8,398.04 on Tuesday, November 26, 2019.
S&P 500 Index hits a New All Time High of 3,142.69 on Tuesday, November 26, 2019.
Another NEW ALL TIME HIGH for the Dow Industrial index of 28,146.02 on Tuesday, November 26, 2019.
We could be seeing some more new all time highs--be ready!
Also--keep in mind the recent gap up opens (left unfilled).
Log In at http://www.shepwave.com/ for Wednesday's Pre-Market / Intra Day ShepWave Update.
25% Discount Code: HOLIDAYS2019
| Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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